This material may not be published, broadcast, rewritten, or redistributed. Zaslav is expected to name Zuckers permanent replacement when the merger closes. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. met 98.2% of his quantitative goals and 100% of his qualitative goals. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. 2023 FOX News Network, LLC. Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his companys merger with WarnerMedia, called his future competitor Fox News Fox News positions itself as a conservative-leaning network, serving those on the political right. Variety is a part of Penske Media Corporation. The tennis court, he decided, needed to be moved three feet, and changed to a clay surface. I probably shouldnt have said that.. Evans fought valiantly for Paramount to release Last Tango in Paris and Tropic of Cancer. Later in the CNBC interview, Zaslav referred to growth on the right side of the company, which he described as including WarnerMedia-owned HBO and a growing portfolio of sports rights. Zaslav then declared his company is "the leader of news in Poland" and noted that Trump and Biden administrations have both helped Polish news channelTVN24 stay afloat despite the Polish government trying to shut them down. "Who do they want managing the economy: Trump (Mnuchin, Powell, Kudlow) or Biden (Bernie, Warren and AOC)?," Bailey said. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. [13][14] He was captain of the varsity tennis team.[15]. After all, he intended to spend more time on it, and style is as important in tennis as it is in show business. Over the years, he's secured the $1.6 billion European rights to the Olympics and the $2 billion PGA golf rights; bought Scripps Networks, owner of HGTV and Food Network; and launched OWN with Oprah Winfrey. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. That cycle, which covers contributions made in 2019, shows Zaslav contributed small sums to one Republican and three Democrats. "After Biden released his economic plan, I would expect CEO donations to President Trump to accelerate. The Discovery CEO also was early in laying foundations overseas, where rival media companies are now trying to bulk up. Too many people in power are gaming the system. And John Malone, when you hear him, hes still a big part of your life, a big part of Discovery, if he said we need CNN to go back to reporting news". During the Evans era, the sources of corporate infighting were often esoteric. I wrote about why I got a COVID shot:Then I was fired from my job. Eric Zinterhofer, board member of Univision, gave $102,000. Discovery CEO David Zaslav, whose media giant is set to close itsmerger with CNNs owner WarnerMediathis spring, made the surprise remark during a discussion about the networks future days after theabrupt resignation of the networks president, Jeff Zucker. That may now stretch to nine months, since Zaslav, having negotiated the $43 billion Discovery-AT&T deal, has now expanded his domain to include Warner Bros, HBO and CNN. She owns The Atlantic, could still be the largest shareholder of Disney/ABCand funds many digital news nonprofits through the American Journalism Project, which her Emerson Collective helped to create. Pamela Wasserstein, owner of Vox and New York magazine, gave $8,100. 2023 FOX News Network, LLC. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, Less Than Half of U.S. Discovery+ Subscribers Are Also HBO Max Customers, David Zaslav Says, Discoverys David Zaslav Wants Industry to Leave Nielsen in the Dust. Who is David Zaslav? personalising content and ads, providing social media features and to Before her recent spending spree, Catz had given very few political contributions this cycle. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. [45][16], David Zaslav was awarded the Susan Newhouse & SI Newhouse Award of Hope for his support of the Association for Frontotemporal Degeneration (AFTD) in September 2016. But times have changed. His responsibilities extended to Bravo, CNBC World, SCI FI, ShopNBC, Sleuth, Telemundo, Telemundo Puerto Rico, mun2, Trio, Universal HD, USA Network, NBC Weather Plus and the Olympics on cable. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. Zaslav, 61, his wife Pam, and his adult children, mingled with TV and movie industry friends, Page Six, CNBC and Fox News anchors, plastic surgeons, and interior designers. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Discovery boss will soon oversee CNN as part of deal with WarnerMedia, PASADENA, CALIFORNIA - JANUARY 16: President and CEO, Discovery, Inc. David Zaslav speaks onstage during the Discovery, Inc. TCA Winter Panel 2020 at The Langham Huntington, Pasadena on January 16, 2020 in Pasadena, California. Why would they go anywhere else? [17] As president of Cable and Domestic TV and New Media Distribution, he oversaw content distribution to all forms of TV, negotiated for cable and satellite carriage of NBCUniversal networks and forged media partnerships.[18][19]. Now he will oversee WarnerMedia. His Greenwich Village home where the WarnerMedia deal was cooked up is now on the market, according to The Hollywood Reporter. It is intended to be the backbone of our civilization and functioning governance. Discovery CEO David Zaslav was confronted on Friday about the future of CNN, the liberal network he is set to oversee once a looming merger is official, but claimed the ousting of now-former CNN boss Jeff Zucker had nothing to do with rumors the network could shift to a nonpartisan approach. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. Discovery Chief David Zaslav 2020 Pay Drops to $37.7 Million. If the medium controls the message, then we are asking these questions to make out your character, media owners. Yet, we know little about their political views or how that money is being spent. Discovery. [23] As CEO, Zaslav oversaw the development and launch of new networks such as Planet Green (later rebranded as Destination America),[24] The Hub,[25][26] Oprah Winfrey Network (OWN),[27] Velocity,[28][29] and Investigation Discovery,[30] as well as the company's 2018 acquisition of Scripps Networks Interactive,[31] expansion of its digital education operations,[32] and current emphasis on streaming services. All Rights Reserved. Bob Evans at dinner would persuade Nicholson to accept the lead in Chinatown, praising the talent of a then young director, Roman Polanski. "Sometimes it is difficult for his staff to keep up with his expectationsbut this is characteristic of a good leader who is on a mission," Discovery founder John Hendricks said of Zaslav. David Zaslav the CEO of Discovery Inc., and Bob Iger, the former CEO of Disney who is now the company's executive chairman, are among the top executive Democratic donors from the second quarter. [51], In 2022, he was named one of Time's 100 Most Influential People. [3][4][5] He previously served as the Chief Executive Officer and president of Discovery, Inc. beginning on November 16, 2006 and ending on April 8, 2022, when it was merged with WarnerMedia. AT&T Inc., agreed to merge its WarnerMedia division with Discovery Communications Inc., creating a streaming giant to compete with Walt Disney Co.'s Disney+ and Netflix. But what sort of a time will it be? The Discovery Channel started in 1985 with a documentary about the frigid waters of the North Atlantic. We want to hear from you! This material may not be published, broadcast, rewritten, Heidi Legg is the lead research fellow at the Future of Media Project at the Institute for Quantitative Social Science at Harvard University. (CNBC Screenshot). Zaslavs battles will be more expensive. She also wrote a $46,100 check to the McCarthy Victory Fund in June. Zaslavwill lead the combined company called Warner Bros. David Zaslav the CEO of Discovery Inc., and Bob Iger, the former CEO of Disney who is now the companys executive chairman, are among the top executive Zaslavs generous compensation plan continues the trend of rich COVID era paydays for media CEOs, some of whom made a show of forgoing a salary when the pandemic hit, only to quietly return to their former levels as the crisis dragged on. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. Zaslav is also known as a CEO who keeps a tight rein on programming costs. "I, and we as a company, we are a fighter for news. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? Super PACs have the freedom to report only twice a year, so there may be more to come. Discovery CEO David Zaslav, whose media giant is set to close its merger with CNNs owner WarnerMedia this spring, made the surprise remark during a You will be redirected back to your article in, Discovery's David Zaslav (inset) paid $16 million for Robert Evans' onetime Beverly Hills home, AMC CEO Adam Aron Defends New Sightline Ticket Pricing, Acknowledges Substantial Change To The Status Quo For U.S. Moviegoers, Peter Bart: In Hollywood Award Season, Voters Have Learned To Distrust The Buzz, Peter Bart: Sumner Redstone Wanted To Champion Movies, But His Lust For Power Made Him A Corporate Monster, Peter Bart: Gustavo Dudamels Defection Indicative Of A Reignited East Coast-West Coast Rivalry, Creed III Eyeing Franchise-Record 3-Day Debut Of $38M-$40M: Weekend Preview, Dune: The Sisterhood Star Shirley Henderson & Director Exit Amid Creative Overhaul, WGAW Exec Director David Young On Medical Leave; Ellen Stutzman To Lead Contracts Talks, HBOs Bill Maher, On CNN As Part Of Its New 9 PM Strategy, Predicts Biden Beats Trump In 24. Pre-pandemic, David Zaslav's end-of-summer parties in the Hamptons were a legendary networking event for anyone in media. We want to hear from you. Follow him on Twitter: @joe_depaolo. Bob Evans and his parties symbolized the 60s and 70s in Hollywood, a golden playground where even the most preposterous ideas could somehow become reality. Zaslav is also one of the highest-paid CEOs in media history. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. To sustain that position, Zaslav will have to drastically readjust his spending habits. Is it a good one? [41] Zaslav also received backlash for the removal of many of Warner Bros' animated programs from streaming platforms and pulling some of the service's content in general, including Final Space (which was written off for taxes), Infinity Train, Summer Camp Island, Close Enough, The Not-Too-Late Show with Elmo and several hundred episodes of Sesame Street, among others, a decision Infinity Train creator Owen Dennis remarked rendered many of the programs effectively as "lost media". Running WarnerMedia's top-tier assets like HBO and spending big on movies and shows is a far different game from the unscripted business that's Discovery's bread and butter. Sen. A web of other forces have been reported as influential in the demise of his CNN career: WarnerMedia CEO Jason Kilar, who currently oversees CNN, was said not to be a fan of Zuckers. It's now available in every corner of the globe. On Friday morning, he shocked CNBC hosts by calling the network 'the leader of news to the left'. Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. Even his wife, Clare Boothe Luce, herself a Republican member of Congress, chastised him publicly for his relentless coverage in Time of Barry Goldwaters GOP nomination for president. I think Fox News is much more of an advocacy network than a news network, Zaslav said, according to Washington Post media reporter Jeremy Barr. Discovery Lost $20 Billion in Market Cap Trying to Cut $3 Billion in Costs", "HBO Max is treating animation fans and creators like hot, burning garbage", "Infinity Train Creator Says Animation Teams Were Given No Warning Before HBO Max Purge", "Seven New Members Elected to University's Board of Trustees", CableFax: "Never Forget: Zaslav, Spielberg Help Commemorate Auschwitzs Liberation", UJA-Federation of New York: "Oprah, Wiesel Honor Zaslav at Leadership Awards Dinner", "Oprah, Wiesel Honor Zaslav at Leadership Awards Dinner", "David Zaslav: The 100 Most Influential People of 2022", "He ran Animal Planet and HGTV. CNN, which has struggled to attract viewers during the Biden era,is part of the deal and many industry observers felt the decision to revert to more straight news began this week when Zucker was forced out. That was down from the $45.8 million that Zaslav pulled in the pr [50], In 2017, Zaslav was inducted into the Cable Hall of Fame. Definitely to the left. Zaslav was speaking at the Paley International Council Summit when he made the remarks, which were covered by several news outlets virtually attending the media event. Legal Statement. [52], Zaslav lives in New York City with his wife Pam and the couple has three children. Biden has said he wants to raise the corporate tax rate to 28% from 21%. To release Last Tango in Paris and Tropic of Cancer wrote about why I got a COVID:! Did Elon Musk, one of Time 's 100 Most Influential people Musk, one of North. Your trial you will have to drastically readjust his spending habits three Democrats and... Zaslav is also one of the globe Vox and New York magazine, gave $ 8,100 CEOs media... Cnn exit rein on programming costs 416,800 to Trump Victory and Club for Growth Action or that... I probably shouldnt have said that.. Evans fought valiantly for Paramount to release Last in... Fell more than 17 % in 2020, topping out at $ 37.7 Million, donated over 240,000. 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